In your shoes, it might be simpler to stay focused on grad school and use your cash to lend to other investors or take an LP role. 

For a little background, I have some experience overall...a couple of rentals, LP on a 24 unit currently, a bit of wholesaling, and a decent network of all typically pertinent players in the deal space, and I push my knowledge forward each day. 

I like the pay as you go model they have as well.

I'm willing to go under the wings of veterans in this business model, do you know who might be of help to me?

Depending on where you're located, an ocean view can significantly boost value.The best comps will be model matches of your unit within the complex. 

The model sounds interesting to me and I would love to hear your experience as you move through the process.

We've done 13 syndications and just pivoted to a fund model..so talking from experience.

@Evan PolaskiI agree there is no most likely zero correlation to operator experience and 506b vs cThere is another post right now about an operator who did a 506c and was foreclosed on and didn’t tell their LP’s….

The other options are in the creative financing space, either seller financing, or sub2, these options also can provide a sustainable cash flow model, because you are getting below market terms. 

So say you had $100k investment, when that ends up being $50k returned and it’s three years later there will be some pain Yes I can say 90 percent of the fund level are in trouble , either capital call or they try to exit within cost or they purchase swap to hedge , with the capital call of course , I would say all LP in 2020 2021 are losing money … hence they try to redempt from good investment like HML.most syndication uses floating rate back then … hopefully by this time the cost for swap is cheaper so they can hedge their loss a bit currently most of them can’t even meet the SOFR portion of the debt.